Many working professionals give up their careers to pursue a full-time conventional MBA degree. They only stop once they land their dream jobs.
The employability rate of MBA graduates in India stood at 55% in 2022, a significant jump from the previous year. However, quitting a full-time job can be a problem for many candidates. For them, the online Executive MBA degree is the perfect fit compared to the conventional one.
Amity Online presents an extensive online MBA program tailored to cater to individual aspirations. With a diverse curriculum, personalized learning, and worldwide reach, this Online program stands out as unique.
Spanning two years across four semesters with many specialization options, it offers personalized learning, career guidance, and comprehensive profile-building support.
This article discusses the benefits of pursuing an Executive MBA online and how it works better for career growth. Read on to learn more.
Know More About Online MBA Program
What is an Executive MBA?
An Executive MBA, (Master of Business Administration - EMBA) is a postgraduate course covering the core concepts of finance, accounting, marketing, human resources, and business ethics. Catering to working professionals, an EMBA is perfect for senior managerial and corporate employees. An Executive MBA (EMBA) is a specialized graduate program designed for working professionals seeking to enhance their managerial and leadership skills while balancing their careers.
An Executive MBA (EMBA) is a specialized graduate program designed for working professionals seeking to enhance their managerial and leadership skills while balancing their careers. Unlike traditional MBA programs, an Executive MBA from IIM allows experienced executives to gain advanced business knowledge through a flexible curriculum tailored to their professional commitments.
An Executive MBA is the stepping stone to chief-level executive jobs in organizations. Such C-level roles include CEO, CFO, CMO, and so on. However, an employee can remain a full-time student and a full-time employee while pursuing an MBA. An E-MBA differs thoroughly in duration and eligibility criteria from a conventional MBA.
Pursuing an Executive MBA from India can significantly boost your career prospects, as it equips you with strategic insights and practical skills relevant to today's dynamic business environment. Many consider the best Executive MBA from India to be those offered by top institutions like the Indian Institutes of Management (IIMs), renowned for their rigorous academic standards and strong industry connections. An Executive MBA from IIM opens doors to leadership roles and expands your professional network.
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Eligibility criteria for Executive MBA
The Executive MBA program is for experienced professionals and has more advanced eligibility criteria than the traditional MBA course. However, the essential eligibility requirements are the same for both.
Following is a broad overview of what the EMBA criteria are:
- A recognized bachelor's degree, preferably in management or engineering, with a 50% aggregate (this differs across institutions).
- Work Experience Applicants must possess at least two years of full-time work experience in a managerial role. However, premier institutions may require up to eight years of experience. Notably, part-time work experience is typically not accepted by MBA institutions.
- Age Limit: While there is generally no upper age limit for pursuing online Executive MBA programs, candidates should check for any specific age-related conditions set by the institution.
- Indian institutions also require impressive scores in qualifying examinations for Executive MBA. IIMs, for example, require an extremely high CAT score.
- Foreign institutions may also require qualifications in GRE/GMAT examinations For EMBA.
- Professional Recommendations: Many EMBA programs also require letters of recommendation from current or past employers, emphasizing the applicant's managerial capabilities and potential for leadership.
- Personal Interview: Shortlisted candidates may be invited for a personal interview to assess their fit for the program, where they can demonstrate their professional achievements and goals.
- Executive MBA Fees: The fees for an Executive MBA can vary significantly depending on the institution and its reputation. Candidates need to consider the financial investment involved and explore available scholarships or financial aid options. On Average Executive MBA Fees are 6lacs to 8 lacs.
In summary, pursuing an Executive MBA for working professionals is a strategic decision that can enhance career prospects and leadership skills. Potential candidates should ensure they meet the eligibility criteria and are prepared for the financial commitment associated with this advanced degree.
Benefits of an online Executive MBA
An Executive MBA is an advanced degree course that can boost your professional growth without compromising your current job roles and responsibilities. The program is for professionals, businesspersons, and entrepreneurs alike.
Let’s look at the advantages of an online EMBA over a regular degree:
Affordability
An online Executive MBA degree course is much more affordable than a conventional one. Typically, MBA degrees, conventional or not, are cost-intensive. A regular Executive MBA will only increase costs. With lowered tuition costs, you can target your savings toward better future security with an online Executive MBA degree.
Duration
Executive MBA courses span 24 months or more. Online degrees provide the luxury of full-time and part-time and learning at your own pace. Instead of committing to two years, you can pursue a 1-year Executive MBA online from a recognized platform of your choice.
Saving time and money
An MBA is designed for working individuals, with classes in the evening or late at night. Traveling first to your workplace and next to your university is a difficult job. Many might be uncomfortable traveling late at night. Hostels and transport just add to the costs. An online Executive MBA for working professionals saves travel and relocation expenses since the courses are delivered through an online platform.
Work-life balance
An online degree facilitates work-life balance. You are free to attend classes from the comfort of your home. Learning at one’s own pace is an added benefit. You can also complete pending work on the go or during job breaks. An Executive MBA course demands increased concentration and dedication, and the online mode helps in both.
Learn and work together.
The best EMBA programs include high-level organizational and managerial concepts you must learn quickly. Learning and working together allows you to apply your learnings in your job. Such application can reflect positively on your job responsibilities.
Career growth
You can apply the theoretical knowledge directly into practice in your current position. This application increases the chances of network expansion and promotion. Your upward succession in your current career role also increases.
Access to global education
You can pursue an online Executive MBA degree from renowned foreign universities. There is no need to travel. You can receive globally recognized education from top faculty across the world.
Also Read:- Differences between MBA IT and MTech in IT
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Syllabus of EMBA Program
Since an Executive MBA is a highly specialized postgraduate degree, the syllabus is extensive and rigorous. Following is a broad overview of what the syllabus of an Executive MBA covers:
Semester
Advanced Accounting and Finance
Statistics for Management
Marketing Management
Professional Communication
Managerial Economics
Operations Management
Semester II
Executive Communication
Strategic Communication
Conflict Resolution and Management
Financial Management
International Business
Business Environment and Ethics
Semester III
Regulatory and Legal Environment
World Class Operations Management
World Economy
Strategic Analysis and Choice
Semester IV
Human Resources Management
International Business Management
Strategy Execution
Elective Papers
Semester V
Venture Creation
Elective Papers
Semester VI
Corporate Governance
Elective Papers
Besides traditionally designed semester papers, the Executive MBA course includes specialization papers. Such special papers may also spark the candidate’s interest in a new, unexplored career path. EMBA specializations include papers on IT, Finance, Accounting, Operations, Hospitality Management and Telecom.
Salary prospects
An online Executive MBA degree will undoubtedly boost your future salary prospects. While the degree entails high cost, time, and effort from the candidate’s side, it gives high returns through promotions and hefty salary packages.
Executive MBA applicants are already earning more than their postgraduate competitors. Post completion, the salary prospects are only going to increase. The duration of the degree also helps the candidate grow in knowledge and experience only to make better career decisions. In addition, many institutions hold special online job fairs and have dedicated placement cells with direct hiring opportunities for all candidates.
Is an Executive MBA worth it?
An online Executive MBA degree has many advantages. However, pursuing it depends on several factors, including lifestyle choices, career goals, tuition cost, and time.
An online degree is always cheaper and more easy-paced. It has an equal return on investments (ROI), if not more. You have more time and money at hand. Neither do you need to quit your job, nor do you need to travel to any B-school.
What you gain through the degree, you can put right into practice with your current organization. This knowledge increases your worthiness and is a brilliant foundation to move on to bigger and better job roles.
Pursuing an Executive MBA online is undoubtedly worthwhile for positive career growth.
What benefits will an Executive MBA offer me?
An Executive MBA degree offers various advantages. It places a strong emphasis on collaboration to achieve shared goals. Students at top MBA colleges in India will study key management concepts, including marketing, human resource management, international business, microfinance, and business laws.
Focusing on business, the Executive MBA is designed specifically for working professionals with significant experience. It aims to educate future employees, managers, entrepreneurs, and other corporate leaders.
Who Should Pursue an Executive MBA?
The Executive MBA program is ideal for candidates who have completed their BSc, BBA, or BCom degree with at least 50 percent marks from a recognized university and have a minimum of two years of work experience. It is also suitable for students with strong IT skills, analytical thinking, and experience in the management industry.
This degree is particularly beneficial for professionals aiming to climb the corporate ladder and secure top management positions within a company. It is also advantageous for those who aspire to run their own business and become entrepreneurs. The Executive MBA program enhances candidates' skills in people management.
Best Specialization List of Executive MBAs in India
Here are some of the best Specialization for pursuing an Executive MBA (EMBA) in India:
EMBA in Marketing
Candidates from any background can pursue an Executive MBA in India with a specialization in marketing. This qualification opens doors to roles such as Brand Manager, Management Consultant, SEO Manager, Sales Manager, Market Research Analyst, and Sales Representative. An Executive MBA from IIM or other reputable institutions can lead to significant salary hikes, making it one of the Best Executive MBAs from India.
EMBA in Information Technology (IT)
An EMBA in IT can provide numerous career opportunities for IT professionals. Graduates can secure positions such as IT Manager, Senior Test Engineer, and Software Development Engineer. With the growing demand for technology leaders, an Executive MBA from India will positively impact your salary prospects.
EMBA in Human Resources (HR)
The HR sector is one of the most sought-after fields for professionals. With an Executive MBA in HR, candidates can pursue careers as Human Resources Manager, HR Recruiter, Recruitment Manager, and HR Director. This specialization is valuable for those looking to advance in the competitive HR landscape.
EMBA in Finance
An EMBA in finance can significantly boost your career, particularly if you're keen on the finance sector. Graduates can expect high salaries and top-tier positions in companies, with roles such as Senior Accountant, Financial Analyst, Research Analyst, and Chief Information Officer.
EMBA in Operations
An Executive MBA in Operations equips graduates with essential skills to enhance business efficiency. Career options include Operations Manager, Project Manager, and Supply Chain Manager. This specialization is ideal for those looking to streamline processes and improve productivity within organizations.
EMBA in Supply Chain Management
The EMBA in Supply Chain Management prepares professionals for pivotal roles in logistics and supply chain strategy. Graduates can explore opportunities as Supply Chain Manager, Logistics Coordinator, and Procurement Specialist. The increasing emphasis on efficient supply chain practices makes this a lucrative path.
Additional Considerations
Pursuing an Executive MBA from IIM or other esteemed institutions offers a wealth of opportunities. Candidates should keep in mind the Executive MBA fees, which can vary significantly based on the institution. An Executive MBA for working professionals is designed to accommodate busy schedules while providing advanced management training, making it a strategic investment in one’s career development.
Are you ready to take the next step in your career?
Conclusion
An online Executive MBA in India is a stepping stone to your dream career. If you are searching for the best EMBA programs, Amity University Online offers selected online courses in management, information technology, mass media, journalism, and the humanities.
All online courses are reasonably priced and flexible. You can even learn at your own pace. Amity provides world-class learning with career-oriented degree programs and certification courses. Visit Amity Online University for more information.
